Court denies bail of suspect in multi-billion-dollar Singapore money laundering case
A Singaporean court denied bail to a defendant in a massive money laundering scheme connected to the lottery industry in the Philippines and Cambodia because of concerns about potential flight risk.
Su Wenqiang, a 31-year-old male, is charged with a $441,00 crime involving illegal online gambling[...]
nagacorp discloses holding sufficient funds for full ...
According to NagaCorp, the operator of the casino in Cambodia, it has $404 million in a bank account, which, given its current rat[...]
wpt announces schedule for first half of 2024; includ...
The first half of 2024's World Poker Tour (WPT) calendar, which features two significant Southeast Asian events, has been revealed[...]
moody views nagacorp loan of up to us$80 million as &...
Chen Lip Keong, the founder and primary shareholder of NagaCorp Ltd., offered an up to US$80 million loan, which Moody's Investors[...]
cambodia’s ncct seeks help from indonesia to co...
Cambodia's National Committee for Counter-Trafficking (NCCT) has formally asked Indonesian authorities' aid in identifying illegal[...]
asean countries face tourism woes due to low chinese ...
Travel programs for Chinese tourists have not lived up to expectations in Southeast Asia, which has caused several countries to re[...]
vietnam, cambodia see increase in tourist arrivals
The General Statistics Office reports that 8.9 million foreign tourists visited Vietnam in the first nine months of 2023, which re[...]
nagacorp cambodia unlikely to return to pre-covid ebi...
According to a Citigroup investment paper, NagaCorp of Cambodia is unlikely to return to pre-COVID EBITDA levels anytime soon, giv[...]
chinese gambling boss involved in singapore money lau...
Wang Bingang, a Chinese national who played a significant part in the recent money laundering scandal in Singapore, has connection[...]
donaco int’l appoints new secretary
Donaco International, a prominent casino operator with establishments in Cambodia and Vietnam, has just declared the appointment o[...]